By Gagandeep Ghuman
Published: Dec 28, 2013
A Freedom of Information request by the Squamish Reporter offers a partial glimpse into consultant costs that led to a bloated Oceanfront debt.
The FOI reveals SODC paid its CEO, Drew Stotesbury, at $218.75 per hour worked plus GST/HST to a daily maximum of $1750 plus GST/HST.
Stotesbury was the CEO of SODC from March 2009 to July 2010.
His company, Ground Control Enterprises Limited, offered financial and operational advice to real estate, resort, and other sectors.
Ground Control also worked with SODC to develop the Oceanfront development.
The company was paid $621, 865.83 for its services.
Another company working for the Oceanfront, GroundEffects Development was paid $566,906.38.
David Greenfield, one of its executives, was paid $219/ hour Plus GST to a maximum per day of $1750/day Plus GST.
Another executive, Trevor Dunn, was paid $156/hour Plus GST to a maximum per day of $1250/day plus GST.
This is a mere sliver of information on consultant payouts, but the district and the SODC now seem willing to release more information on consultants and the nature of work done by them.
Beginning in late January, the SODC will present a greater level of financial detail to the community with regards to SODC’s financial statements.
Mayor Rob Kirkham said the financial statements will be expanded to include the list of consultants that have worked on the Oceanfront project.
The statements will also include the scope of the work that has been completed.
David Greenfield: $219/ hour Plus GST to a maximum per day of $1750/day Plus GST.
Trevor Dunn: $156/hour Plus GST to a maximum per day of $1250/day plus GST.
Considerable work is required to extract this level of detail from records dating back 10 years that exist in various formats, said Kirkham.
This work will get underway in late January following SODC’s annual audit in the New Year.
“The current financial statements provide the level of detail that’s legally required,” he said.
“We want to provide greater detail to the community and have asked the SODC to provide that.”
In the last two years, SODC has scuttled the flow of information by putting a heavy price tag on it. In 2012, SODC demanded $4514.39 to provide answers for questions related to pay-outs for its 120 consultants.
Recently, SODC also refused to say which companies set expression of interest for the Oceanfront project.
Meanwhile, the district said negotiations to finalize a land transaction for the Squamish Oceanfront Lands are underway and will continue into the New Year.
Mayor Rob Kirkham said large and multi-faceted development sites such as the Oceanfront lands present ‘exceptionally complex scenarios’ that represent significant cost and risk to a developer.
“The meetings have been very productive to date with both sides working hard to reach a positive outcome,” he said.